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Home Interview Accounting and Finance Comments

  • Question
  • When an already listed organisation makes fresh issue of securities to the public, it is known as ________.


  • Options
  • A. IPO
  • B. Preferential Issue
  • C. Rights Issue
  • D. FPO

  • Correct Answer
  • FPO 

    Explanation

    FPO (Follow on Public Offer) is a process by which a company, which is already listed on an exchange, issues new shares to the investors or the existing shareholders, usually the promoters. FPO is used by companies to diversify their equity base. A follow-on public offer (FPO) is also called Further Public Offer.

  • Tags: Bank Exams, CAT, Bank Clerk, Bank PO

    Accounting and Finance problems


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    • 1. Which among the following is an asset for a bank?

    • Options
    • A. The loans disbursed by Bank to its customers
    • B. Cash Deposits of Customers
    • C. Investments made by Bank?s customers in its financial Products
    • D. All of the above
    • Discuss
    • 2. What is the full form of SOX and what does it means in Accounting ?
    • Discuss
    • 3. ETCS means

    • Options
    • A. Electronic Tax Collected at Source
    • B. Electric Tax Collected at Source
    • C. Enable Tax Collected at Source
    • D. Electrical Tax Collected at Source
    • Discuss
    • 4. The largest component of National Income in India is ____ ?

    • Options
    • A. Service Sector
    • B. Industrial Sector
    • C. Agriculture Sector
    • D. Trade Sector
    • Discuss
    • 5. What do you mean by invoice on hold?
    • Discuss
    • 6. Which small finance Bank is included in the second schedule of the Reserve Bank of India Act, 1934 ?

    • Options
    • A. Janalakshmi
    • B. Utkarsh
    • C. Suryoday
    • D. None
    • Discuss
    • 7. When a debtor owes several debts to a banker and makes a payment, the right of appropriation lies with

    • Options
    • A. The Court
    • B. The Banker
    • C. The Debtor
    • D. All the above
    • Discuss
    • 8. Which payment method typically charges the highest interest rates?

    • Options
    • A. Credit cards
    • B. Payday loans
    • C. Cashier's checks
    • D. Pre-paid cards
    • Discuss
    • 9. Which is the largest foreign bank in India ?

    • Options
    • A. HDFC Bank
    • B. American Express Bank Ltd
    • C. DBS Bank Ltd
    • D. Standard Chartered Bank
    • Discuss
    • 10. Headquarters of State Bank of India is in

    • Options
    • A. Noida
    • B. Mysore
    • C. Mumbai
    • D. Hyderabad
    • Discuss


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